Berry Street Web Docs Financial Report 2011 | Page 3
BERRY STREET VICTORIA INC
ABN 24 719 196 762
INCOME STATEMENT
FOR THE YEAR ENDED 30 JUNE 2011
Notes
Revenue from operating activities
Government and other grants
Charitable and fundraising revenue
Proceeds from bequests
Income from Investments
Other revenue
Total revenue
2
Expenses from operating activities
Employee benefits expense
Depreciation and amortisation
Finance costs
Bad debts
Doubtful debts
Fundraising expense
Vehicle running expense
Occupancy expense
Clients’ expense
Training expense
Audit, legal and consultancy expense
Administration expense
Other expenses
Total expenses
3 (a)
3 (a)
3 (a)
3 (a)
3 (a)
Operating profit
2011
$
2010
$
50,119,971
2,963,799
100,000
464,304
4,292,948
57,941,022
48,230,709
1,212,630
100,000
411,202
3,493,791
53,448,332
(40,719,775)
(3,396,776)
(457,200)
(14,104)
(495,733)
(1,925,042)
(3,804,885)
(1,852,390)
(1,013,111)
(422,358)
(2,318,021)
(2,562,119)
(58,981,514)
(34,812,517)
(3,036,556)
(460,236)
(14,293)
(321,657)
(1,790,164)
(3,068,037)
(2,060,614)
(814,729)
(635,899)
(2,168,163)
(2,258,646)
(51,441,511)
(1,040,492)
2,006,821
Revenue from non operating activities
Income from investments
1,042,179
656,304
Proceeds from bequests
Profit /(loss) on sale of investments
3 (b)
550,250
-
1,074,049
10,221
Unrealised capital gain on investments
Gain /(loss) on sale of non current assets
3 (b)
231,190
402,905
73,374
279,264
Capital grants
26,400
478,226
Rental rebate
-
230,850
2,252,924
2,802,288
Total non operating revenue
2
Expenses from non operating activities
Realisation Long Term Investments
Impairment Long Term Investments
Property transaction costs
1 (n)
Total non operating expenditure
-
(193,994)
(418,845)
-
(612,839)
Non-operating surplus
2,252,924
2,189,449
Profit before income tax
1,212,432
4,196,270
Income tax expense
Profit for the year
1,212,432
4,196,270
Profit attributable to members of the entity
1,212,432
4,196,270
The acassociationing notes form part of these financial statements.
2